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Schrole (ASX:SCL)-Managing Director, Rob Graham
Managing Director, Rob Graham
Source: TechInvest
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  • Schrole Group (SCL) has expanded its contract with the International School of Ho Chi Minh City (ISHCMC) in Vietnam
  • Earlier this month, Schrole signed a new contract with ISHCMC to deliver Schrole Develop’s Diploma of Leadership and Management program
  • The initial contract was for three cohorts totalling 24 students, and this has now been increased by a further cohort of eight students have been added
  • The value of this additional cohort is US$25,6000 (around A$33,000), increasing the total value of the contract to US$102,400 (approx. A$134,800)
  • On market close for the day, Schrole is in the grey and trading at 1.5 cents per share

Schrole Group (SCL) has expanded its contract with the International School of Ho Chi Minh City (ISHCMC).

The group is a global provider of Software-as-a-Service and training solutions for teachers and educational institution.

Earlier this month, Schrole signed a new contract with ISHCMC in Vietnam to deliver Schrole Develop’s Diploma of Leadership and Management program.

The program will be delivered to the school as an online service utilising Schrole Develop’s learning management system.

The initial contract with ISHCMC was to develop the program to three cohorts totalling 24 students.

However, now a further cohort of 8 students have been added, making 32 students confirmed as participants over an initial two-year contract.

The value of this additional cohort is US$25,6000 (around A$33,000), increasing the total value of the contract to US$102,400 (approx. A$134,800).

ISHCMC is part of the global Cognita Group of 82 schools, Schrole believes that this contract could provide significant potential for further sales.

On market close for the day, Schrole is in the grey and trading at 1.5 cents per share.

SCL by the numbers
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